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CANADA STOCKS-TSX futures little changed amid U.S. trade worries

Published 2017-04-27, 07:51 a/m
Updated 2017-04-27, 08:00 a/m
© Reuters.  CANADA STOCKS-TSX futures little changed amid U.S. trade worries

April 27 (Reuters) - Canada's main stock index futures were little changed on Thursday amid concerns about Canada's trade relationship with the United States.

U.S. President Donald Trump said a renegotiated trade deal with neighboring Canada and Mexico was "very possible" but that if a "fair deal for all" could not be reached, the NAFTA treaty would be terminated. futures on the S&P TSX index SXFc1 were up 0.04 percent at 7:15 a.m. ET.

Canada's main stock index pulled back on Wednesday from a two-month high the day before, pressured by a plunge in the shares of Home Capital Group Inc HCG.TO and investor worries about Canada's trade relationship with the United States. major economic releases are scheduled for release in Canada ECONCA .

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.1 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.07 percent and Nasdaq 100 e-mini futures NQc1 were up 0.14 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Potash Corp of Saskatchewan POT.TO , POT.N reported a higher-than-expected rise in quarterly profit as lower costs and increased potash sales volumes more than made up for weak phosphate prices. Crescent Point Energy Corp CPG.TO on Thursday reported a surprise quarterly profit as higher realized prices for oil offset a marginal fall in production. gold miner Goldcorp Inc G.TO reported better-than-expected first-quarter earnings on Wednesday as a $250 million-a-year cost-cutting plan started to take effect. RESEARCH HIGHLIGHTS RCH/CA

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BCE Inc BCE.TO : National Bank of Canada raises target price to C$61 from C$59

Home Capital Group Inc HCG.TO : RBC cuts target price to C$8 from C$15

Westshore Terminals Investment Corp WTE.TO : RBC cuts rating to "sector perform" from "outperform"

COMMODITIES AT 7:15 a.m. ET COM/WRAP

Gold futures GCc1 : $1263.4; +0.1 percent GOL/

US crude CLc1 : $49.08; -1.09 percent O/R

Brent crude LCOc1 : $51.23; -1.14 percent O/R

LME 3-month copper CMCU3 : $5722; +0.12 percent MET/L

U.S. ECONOMIC DATA DUE ON THURSDAY

08:30 Durable goods for Mar: Expected 1.2 pct; Prior 1.8 pct

08:30 Durables ex-transport for Mar: Expected 0.4 pct; Prior 0.5 pct

08:30 Durables ex-defense mm for Mar: Prior 2.2 pct

08:30 Nondefense cap ex-air for Mar: Expected 0.5 pct; Prior -0.1 pct

08:30 Advance goods trade balance for Mar: Prior -63.90 bln

08:30 Advance Wholesale Inventory for Mar: Prior 0.4

08:30 Advance Retail Inventory Ex Auto for Mar: Prior 0.0

08:30 Initial jobless claims: Expected 245,000; Prior 244,000

08:30 Jobless claims 4-Week Average: Prior 243,000

08:30 Continued jobless claims: Expected 2.005 mln; Prior 1.979 mln

10:00 Pending Homes Index for Mar: Prior 112.3

10:00 Pending sales change mm for Mar: Expected -1.0 pct; Prior 5.5 pct

11:00 KC Fed Manufacturing for Apr: Prior 37

11:00 KC Fed Composite Index for Apr: Prior 20

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Canadian dollar and bonds report CAD/ CA/

Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA

Canadian markets directory CANADA ($1= C$1.36)

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